Credit Constraints in Manufacturing Enterprises in Africa

By Paul Collier, Stefan Dercon, Marcel Fafchamps. 2003

379 citations recorded by the source corpus.

Subfields: Finance

View Paper: https://www.semanticscholar.org/paper/8f9fdec67cafbd470cbdc45c93614aee87c863ee

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In Finance

1. E. Casey
2. C. O’Toole
3. Michael Grimm
4. Jens J. Krüger
5. Xiaobo Zhang
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7. J. Lay
8. J. Abor

Citations in the corpus

• Drivers of Entrepreneurship and Post-Entry Performance of Newborn Firms in Developing Countries (2014, neutral): “Instead, they rely on other sources of credit, such as trade credit, overdrafts, and informal loans (Bigsten et al. 2003).”
• Finance and Cluster‐Based Industrial Development in China (2009, background): “1 Bigsten et al. (2003) show that SMEs face higher credit constraints than large firms in African countries.”
• African Economic Outlook 2012 (2012, background): “Conflict in one country shaves an estimated 0.5 percentage points off the annual rate of growth in a neighbouring country (Collier et al., 2003).”
• Women entrepreneurs in sub-Saharan Africa: An institutional theory analysis from a social marketing point of view (2009, background): “Bigsten et al. (2003) examined bank loans issued to manufacturing firms in Ghana, Zimbabwe, Kenya, Côte d’Ivoire, Burundi, and Cameroon.”
• ‘Credit Constraints and Determinants of the Cost of Capital in Vietnamese Manufacturing’ (2007, background): “According to Bigsten et al. (2003) most studies nd signi cant e¤ects of such restrictions, leading to the conclusion that rms are credit constrained.”
• Barriers to entry and returns to capital in informal activities : evidence from Sub-Saharan Africa (2011, background): “In the literature on entrepreneurial activity in developing countries, incomplete capital markets have long been stressed as a major economic constraint (e.g. Tybout, 1983; Bigsten et al., 2003).”
• Issues in SME development in Ghana and South Africa (2010, neutral): “This situation is not different in the case of Ghana (see Sowa et al., 1992; Aryeetey, 1998; Bigsten et al., 2000, Abor and Biekpe 2006, 2007; Quartey, 2002).”